Silver Bullet Mines Corp. Reports Silver Assay Values Averaging 33.9 ounces per ton on its Washington Mine in Idaho

Original announcement by tmx on

Company
Silver Bullet Mines Corp.
Ticker
SBMI
Exchange
TSX
Region
Idaho
Primary commodity
Silver
Secondary commodities
Gold
Document categories
Drill results, Other
Extracted
2026-09-14 22:57:21 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Silver Bullet Mines Corp. reported silver assay results from 13 surface samples at the Washington Mine in Idaho, averaging 33.9 oz/t Ag. The results, which include a high of 269 oz/t Ag, are noted as being similar to historical production and prior company bulk samples.

Reasoning: Strong silver grades reported from surface sampling, though novelty is tempered by similarity to historical results and the fact that the QP was not on-site for collection.

Positive factors

  • High grade surface samples
  • QA/QC procedures described
  • QP sign-off provided

Negative factors

  • QP was not at site for sample collection
  • Results are similar to historical/prior results

Facts used in scoring: 2

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release provides a detailed description of the in-house assaying process.

Evidence · text

“The samples described in this news release were analyzed by SBMI at its in-house facility”

QP/CP Signedpositive · Story-specific tag

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Robert G. Komarechka, P.Geo., is named as the Qualified Person.

Evidence · text

“Mr. Robert G. Komarechka, P.Geo., an independent consultant, has reviewed, verified and approved SBMI's work”

Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

Drill Results (2)

Fact 1silverGrade: 33.9Grade Unit: ounces Ag per tonView all details
Link to this fact

Identity

Commodity
silver
Region
usa_id
Reported Region
Idaho
Ticker
SBMI

Geometry

Grade
33.9
Grade Unit
ounces Ag per ton

Classification

Sample Type
surface

Location

Location
Washington Mine
Loc. Source
document

QA/QC

Laboratory
SBMI in-house facility
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: Surface samples returned a strong average silver grade of 33.9 oz/t.

Positive factors

  • High grade silver

Negative factors

  • Similar to historical results

Evidence · text

“An overall average of the 13 samples assayed 33.9 ounces Ag per ton”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 2silverGrade: 269Grade Unit: ounces Ag per tonHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Commodity
silver
Region
usa_id
Reported Region
Idaho
Ticker
SBMI

Geometry

Grade
269
Grade Unit
ounces Ag per ton

Classification

Sample Type
surface

Location

Location
Washington Mine
Loc. Source
document

QA/QC

Laboratory
SBMI in-house facility
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes

Deleterious

Deleterious Flag
No

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2026-02-18T00:00:00.000Z

Reasoning: A high-grade silver intercept of 269 oz/t was identified.

Positive factors

  • Bonanza grade intercept

Evidence · text

“ranging from trace to a high of 269 ounces Ag per ton”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.